South Dakota Investment Council Sells 3,300 Shares of The TJX Companies, Inc. $TJX

South Dakota Investment Council decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 19.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,691 shares of the apparel and home fashions retailer’s stock after selling 3,300 shares during the period. South Dakota Investment Council’s holdings in TJX Companies were worth $1,979,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TJX. High Note Wealth LLC grew its holdings in shares of TJX Companies by 12.1% during the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock worth $96,000 after purchasing an additional 72 shares in the last quarter. Valley National Advisers Inc. grew its stake in TJX Companies by 2.3% in the 3rd quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock worth $472,000 after buying an additional 73 shares in the last quarter. Webster Bank N. A. grew its stake in TJX Companies by 1.6% in the 3rd quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock worth $661,000 after buying an additional 73 shares in the last quarter. REAP Financial Group LLC increased its holdings in shares of TJX Companies by 12.1% in the 3rd quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer’s stock worth $98,000 after buying an additional 73 shares during the last quarter. Finally, Banco de Sabadell S.A raised its position in shares of TJX Companies by 0.4% during the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after buying an additional 77 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the completion of the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 1.2%

Shares of TJX stock opened at $161.66 on Thursday. The business has a 50-day moving average of $155.16 and a 200 day moving average of $148.28. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $162.68. The stock has a market capitalization of $179.52 billion, a PE ratio of 33.13, a P/E/G ratio of 3.68 and a beta of 0.73.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.05. The firm had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.23 earnings per share. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s payout ratio is presently 34.84%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TJX shares. TD Cowen reaffirmed a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Telsey Advisory Group upped their price objective on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Evercore increased their price objective on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. BTIG Research reissued a “buy” rating and set a $185.00 price objective (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Finally, Bank of America boosted their target price on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $167.55.

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.